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Forecasted government deficit in Italy 2020-2021

Published by Simona Varrella, Dec 18, 2020
According to a forecast from October 2020, the Italian government deficit could grew by 10.8 percent in 2020. In 2021, the government debt was estimated to rose by 5.8 percent. However, data do not take into account the financial measures foreseen for 2021 as of October 2020. According to government's estimations, in 2021 Italy's GDP could increase by 5.7 percent, while the government deficit could grow by 7.1 percent based on the new financial measures.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Forecasted impact of coronavirus (COVID-19) on the government deficit in Italy in 2020 and 2021

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Source

Release date

October 2020

Region

Italy

Survey time period

2020

Supplementary notes

*Data do not take into account the financial measures foreseen for 2021 as of October 2020. According to government's estimations, in 2021 Italy's GDP could increase by 5.7 percent, while the government deficit could grow by 7.1 percent based on the new financial measures.

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